Financials
Financial year 2026
Fenanco from Merelbeke-Melle, company number BE1012586364, closed financial year 2026 with a result of € 31,297 after tax. For that financial year Fenanco recorded a gross margin of € 43,174 and equity of € 56,769. Compared with financial year 2025, the result moved from € 23,305 to € 31,297. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 56,769
▲ 123% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,297
▲ 34% vs 2025
Profit after tax over the fiscal year.
€ 49,375
▲ 150% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 53,769.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,334
▼ 2% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4,452
▲ 142% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 16,600
▲ 22% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € 34,868 | € 43,174 | ▲ 24% |
| Profit after taxes | € 23,305 | € 31,297 | ▲ 34% |
| Equity | € 25,472 | € 56,769 | ▲ 123% |
| Total debts | € 24,056 | € 31,240 | ▲ 30% |
| Cash | € 19,788 | € 49,375 | ▲ 150% |
| Land & buildings | € 1,300 | € 1,000 | ▼ 23% |
| Retained profit | € 22,472 | € 53,769 | ▲ 139% |
| Dividend | € 833 | € 0 | ▼ 100% |
| Balance sheet total | € 49,528 | € 88,009 | ▲ 78% |
Key figures of Fenanco, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Fenanco?
What happened at Fenanco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 31,297 (▲ 34% vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Merelbeke-Melle. KBO
- Nico Feys became a director. NBB
In short
From € 23,305 profit in 2025 to € 31,297 profit in 2026.
Paid € 14,655 in corporate taxes since 2025.
Best year ever: 2026, with € 31,297 profit.
Paid out € 833 in dividends to the owners in total.
Management
Behind Fenanco is Nico Feys.
Directors
According to the 2026 annual accounts
Nico Feys
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hoorndriesstraat 60
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- FEYS Nico Remi Elsa(oprichter) 100%
Details
- Company number
- 1012.586.364
- VAT number
- BE 1012.586.364
- Registered office
- Hoorndriesstraat 60, 9820 Merelbeke-Melle
- Names & denominations
- Fenanco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2024
- Peppol
- Active · Active since 9 Jul 2025
- Activities · NACE
Activiteiten van auto- en motorrijscholen
Overige vormen van onderwijs
Algemene elektrotechnische installatiewerken